TEP Capital, a Poland-based private equity investor set up a year ago, is looking to build a portfolio of around six companies over the next three years, managing partner Tomasz Wozniak has told Mergermarket.
German footwear company is reportedly valued at around €4bn and drew interest from several PE buyers
Funding will help the studios expand their development pipelines and accelerate global growth
Vendors reportedly sought a valuation of between €800m-1bn for the company
P101 deploys capital from its Programma 102 and Italia 500 vehicles for the deal